Northern Ireland is emerging as the UK’s top property investment destination, with new figures showing a mix of high rental yields, affordable prices, and strong lifestyle appeal.
According to leading Northern Ireland-based estate agent John Minnis, Belfast is expected to deliver the best rental yield in the region at around 6.1%, followed by Derry/Londonderry at 4.3% and Newry at 2.7% – outpacing many major UK cities.
Research from the John Minnis investment guide also shows that the average house price in Northern Ireland is £176,131, compared to £316,000 in England – a 44.26% difference. Prices also remain lower than in Wales (£225,000) and Scotland (£189,000).
Rental affordability adds to the appeal, with a two-bedroom apartment in Belfast city centre averaging £930 per month, compared to £1,850 in London and £1,280 in Manchester. For landlords, this means low purchase costs and healthy income potential.
John Minnis, founder of John Minnis estate agents, said: “Investors are looking for the sweet spot where affordability meets growth potential – and Northern Ireland is delivering exactly that. You can buy a quality home here for less than half the price of one in England, but still achieve yields that rival or beat the rest of the UK.”
Belfast’s regeneration, worth more than £1bn, alongside its tech sector and 40,000-strong student population, is driving rental demand, with the Titanic Quarter, Cathedral Quarter, and University Quarter among the most sought-after areas.
Derry/Londonderry benefits from cultural tourism and its university, while Newry’s position between Belfast and Dublin supports its role as a commuter and logistics hub.
Minnis added: “For families, Northern Ireland offers something rare – affordability without compromise. You can have a spacious home, access to great schools, a short commute, and world-class scenery all in one place. It’s no surprise more people are making the move here.”
